Middle East & Africa E-Bike Market

The Middle East & Africa e-bike market was valued at US$ 578.45 million in 2022 and is expected to reach US$ 1,428.94 million by 2030; it is estimated to grow at a CAGR of 12.0% from 2022 to 2030.

Development of E-Bikes Using Lightweight Material and Advanced Smart Systems Fuels the Middle East & Africa E-Bike Market

Key players of e-bikes operating across the world are focused on developing lightweight vehicles for short-distance traveling in urban areas. The rising development of e-bikes with advanced motor systems and in-built smart app facilities will drive the e-bikes market growth in the coming years.

- In June 2023, Robert Bosch GmbH, electric bikes motor and drive systems manufacturer, launched advanced e-bike system and e-bikes. The first product launched by the company include e-bike motor, named Performance Line SX designed for manufacturing of the lightweight e-MTB, and e-gravel bikes. Also, the company further launched a e-bike Smart System Software Application for its e-bikes. This system is coupled with the drive units on e-city and e-trekking bikes. The riders benefit from all the Smart with compatible e-shift automatic transmission. Other innovations for E-bike, e-MTB, e-Gravel, and e-Urban include Compact Tube 400 battery and Power 250 range extender, Sprint riding mode (SPRNT), and Mini Remote Drop bar variant for e-Gravel.

- In March 2023, Acer P.C. developed and launched an electric bike, Ebii. Acer Ebii is a lightweight e-bike designed for urban areas, and it comes with an artificial intelligence-featured application. The bike weighs only 35 pounds and has a maximum assist speed of around 32 km/h (20mph). The bike was fully charged within only 2.5 hours.

- In September 2021, Hero Cycles, an e-cycle manufacturer, expanded its lightweight e-cycle range. This new e-bike is built based on a lightweight aluminum alloy frame and a 5.8 Ah Li-ion battery with a range of up to 30 km. Also, in November 2022, Hero Cycles launched the H3 and H5 range of e-cycles. The e-cycles are built with advanced GEMTECM technology.

Thus, rising advancements and upsurging developments with in-built software applications-based lightweight e-bike is expected to boost the e-bike market during 2022-2030.

Middle East & Africa E-Bike Market Overview

Growing urbanization, rising investments in cycling track development, and increasing consumer awareness regarding environmentally friendly transportation drive the e-bike market growth. Governments of several countries announce ample investments and subsidies for the adoption of e-bikes.

The e-bike market in the Middle East & Africa is growing at a moderate pace due to rising consumer awareness of electric bicycles across the UAE, South Africa, and Saudi Arabia. The e-bike is mostly used for logistics and transportation in the region. Hence, the key players in this region develop e-bikes for cargo carrying and short-distance traveling purposes. In July 2020, Raleigh introduced e-cargo bikes in Middle Eastern and African countries designed to carry a load of up to 100 kg and have a range of up to 75 km with a single charge. Thus, rising developments in the Middle East & Africa drive the market growth in the region.

Middle East & Africa E-Bike Market Revenue and Forecast to 2030 (US$ Million)

Middle East & Africa E-Bike Market Segmentation

The Middle East & Africa e-bike market is segmented based on battery type, motor type, class, mode, and country.

Based on battery type, the Middle East & Africa e-bike market is segmented into lithium-ion, lithium-ion polymer, lead acid, and nickel metal hydride. The lithium-ion segment held the largest Middle East & Africa e-bike market share in 2022.

In terms of motor type, the Middle East & Africa e-bike market is bifurcated into mid motor and hub motor. The mid motor segment held a larger Middle East & Africa e-bike market share in 2022.

Based on class, the Middle East & Africa e-bike market is segmented into class-I, class-II, and class-III. The class-I segment held the largest Middle East & Africa e-bike market share in 2022.

By mode, the Middle East & Africa e-bike market is bifurcated into pedal assist mode and throttle mode. The pedal assist mode segment held a larger Middle East & Africa e-bike market share in 2022.

Based on country, the Middle East & Africa e-bike market is categorized into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa e-bike market in 2022.

Giant Manufacturing Co Ltd, Merida Industry Co Ltd, Pedego Electric Bikes, Robert Bosch GmbH, Specialized Bicycle Components Inc, Trek Bicycle Corp, and Yamaha Motor Co Ltd are some of the leading companies operating in the Middle East & Africa e-bike market.

Middle East & Africa E-Bike Strategic Insights

Strategic insights for the Middle East & Africa E-Bike provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Middle East & Africa E-Bike Report Scope

Middle East & Africa E-Bike Regional Insights

The geographic scope of the Middle East & Africa E-Bike refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.